Woman director of the Year dreams big
January 17, 2021 in Business
AS the Covid-19 pandemic tears through the country, multi-award-winning entrepreneur Roselyn Musarurwa-Charehwa (RMC), founder and managing director of Surdax Investments, has joined Zimbabweans from all spheres of life to serve the country through her detergent production business. Surdax’s detergents production operation has shipped more hand sanitisers into the market in the past few months, as Zimbabweans stock up to fight the pandemic. This week, our chief business writer, Taurai Mangudhla (TM), talks to Musarurwa-Charehwa, the IoDZ Woman Director of the Year 2020, about her journey into entrepreneurship.
TM: You started your company 11 years ago. Can you share your experiences so far?
The Zimbabwe Independent
TATIRA ZWINOIRA
INDUSTRY experts have decried the decision by the central bank to increase the export retention threshold to 40% as it will affect production targets of manufacturers at a time the government is prioritising productivity.
Reserve Bank of Zimbabwe governor John Mangudya revealed that in the (RBZ) Monetary Policy Committee meeting on January 7, a number of decisions were made including that of increasing the export surrender requirement to 40% from 30% on all export receipts.
And while the RBZ, simultaneously, scrapped the compulsory requirement to liquidate all unutilised export proceeds after 60 days, the increased export retention threshold is expected to hurt businesses production plans.
Business Rejects Latest Strict Lockdown Restrictions
January 4, 2021
BUSINESS experts have rejected the latest round of strict Covid-19 lockdown measures reintroduced by the government this saying the restrictions are a blow to both formal companies and the informal sector.
The remarks come after Vice President Constantino Chiwenga Saturday evening reintroduced stricter lockdown measures, which come into full effect Tuesday, and will see all workers, save for essential services, not allowed to go to work during a 30-day period.
Under the new measures, only essential services will remain open with supermarkets being allowed to operate only between 8 am to 3 pm. Gatherings of not more than 30 people at funerals will be allowed, while weddings, funerals, gyms, restaurants, bars have been banned.
Lockdown discord costs business theindependent.co.zw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theindependent.co.zw Daily Mail and Mail on Sunday newspapers.